Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, March 3, 2016

The success of France, Canada, Japan and South Korea in controlling nuclear energy costs

The success of France, Canada, Japan and South Korea in controlling nuclear energy costs
France, Canada, Japan and South Korea did a better job than the USA at keeping nuclear energy costs down.France started making a big push for nuclear power in the 1960s, starting with gas-cooled reactors and pressurized water reactor designs from the US and later, in the 1970s, developing its own PWR designs.As Lovering, Yip, and Nordhaus show, costs stayed relatively stable throughout this period, hovering around €1,400/kW ($1,500/kW). Nuclear kept expanding until it provided more than 75 percent of France's electricity.France only had one utility (EDF) and one builder (Areva) working closely

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